Iraq · IQD · December 2025
Gold Price in Iraq — December 2025
In December 2025, the gold price in Iraq closed at approximately ع.د5,728,840 per troy ounce, equivalent to ع.د2,148,349 per tola or ع.د184,186 per gram. This represents a +2.55% change on the month (ع.د5,586,208 open → ع.د5,728,840 close).
Open
ع.د5,586,208
per troy ounce
Close
ع.د5,728,840
per troy ounce
High
ع.د5,960,962
per troy ounce
Low
ع.د5,500,542
per troy ounce
All unit prices at December 2025 close — Iraq
| Unit | Weight | Closing IQD price |
|---|---|---|
| Troy ounce | 31.1035 g | ع.د5,728,840 |
| Gram | 1.0000 g | ع.د184,186 |
| 10 grams | 10 g | ع.د1,841,863 |
| Kilogram | 1,000 g | ع.د184,186,338 |
| Tola | 11.664 g | ع.د2,148,349 |
Karat-purity breakdown at December 2025 close
| Karat | Per gram | Per tola |
|---|---|---|
| 24K | ع.د184,002 | ع.د2,146,201 |
| 22K | ع.د168,715 | ع.د1,967,888 |
| 21KIRAQ STD | ع.د161,163 | ع.د1,879,806 |
| 18K | ع.د138,140 | ع.د1,611,262 |
| 14K | ع.د107,749 | ع.د1,256,784 |
| 10K | ع.د76,806 | ع.د895,862 |
Daily gold price in IQD — December 2025
December 2025 gold market: A record-shattering year ends near its highs
BullishNearly every bullish driver aligned to close a historic year.
Gold closed 2025 near record highs after a historic year: roughly 53 all-time highs, record investment demand, a strong return of ETF inflows, continued central-bank buying, and — for the first time ever — total gold demand above 5,000 tonnes. By year-end an accommodative Fed, ongoing geopolitical risk, reserve diversification and heavy ETF inflows were all aligned.
2025 will be remembered as one of the strongest years in gold's modern history. The World Gold Council reported around 53 record highs and total demand exceeding 5,000 tonnes for the first time — a milestone driven by record investment demand, the return of Western ETF inflows, and a fifth straight year of central-bank buying above 1,000 tonnes. The year's defining lesson was breadth: where 2022–2024 leaned heavily on central banks, 2025 added ETFs, institutions and resilient Asian physical demand, making the advance unusually broad-based.
What drove gold in December 2025
- record investment demand
- strong ETF inflows
- continued central-bank reserve diversification
- accommodative Fed and geopolitical risk
What happened next
Gold entered 2026 near record highs with its broad structural drivers still firmly in place.
For gold buyers in Iraq
2025 broke $3,000 and $4,000 and set ~53 records — a historic run that rewarded long-term holders and was underpinned by the broadest demand base in decades.
Key terms this month
- All-time high (ATH):
- The highest price ever recorded. The World Gold Council reported gold set roughly 53 all-time highs during 2025.
The 2025 gold market: Continued bull market and de-dollarization signals
2025 saw gold continue its bull market with prices reaching new highs above $3,000/oz. BRICS+ expansion (UAE, Iran, Egypt, Ethiopia) accelerated. Central-bank buying remained at record levels. The era of structural gold appreciation continued through the year.
Key drivers in 2025
Continued central-bank buying, BRICS+ settlement infrastructure, USD reserve share declining, AI-era productivity boom
2025 XAU/USD high
Above $3,000
2025 XAU/USD low
$2,580 (approx)
Era context — The modern bull market (2019 to today)
Gold's second major bull market of the 21st century. Driven by COVID stimulus, Russia sanctions, central-bank accumulation at record levels, and the structural shift toward a multi-polar reserve system. New all-time highs reached repeatedly since 2020.
The Iraq gold market
Iraq's retail gold market uses the mesghal (4.6083 g) as the traditional unit alongside the gram. Baghdad and Basra host the most active retail bullion markets. Demand is closely tied to USD/IQD parallel-market rates.
Standard quote unit
mesghal
Common purity
21K
Currency
IQD (ع.د)
Daily gold price — December 2025, Iraq
ع.د5,586,208
$4,264.70/oz
ع.د5,542,720
$4,231.50/oz
ع.د5,556,081
$4,241.70/oz
ع.د5,527,657
$4,220.00/oz
ع.د5,579,187
$4,259.34/oz
ع.د5,500,542
$4,199.30/oz
ع.د5,508,795
$4,205.60/oz
ع.د5,526,871
$4,219.40/oz
ع.د5,529,785
$4,221.63/oz
ع.د5,552,263
$4,238.79/oz
ع.د5,615,156
$4,286.80/oz
ع.د5,702,597
$4,353.56/oz
ع.د5,633,364
$4,300.70/oz
ع.د5,643,711
$4,308.60/oz
ع.د5,698,857
$4,350.70/oz
ع.د5,679,078
$4,335.60/oz
ع.د5,696,997
$4,349.28/oz
ع.د5,730,235
$4,374.66/oz
ع.د5,707,240
$4,357.10/oz
ع.د5,684,449
$4,339.70/oz
ع.د5,707,109
$4,357.00/oz
ع.د5,844,777
$4,462.10/oz
ع.د5,908,541
$4,510.78/oz
ع.د5,928,674
$4,526.15/oz
ع.د5,942,545
$4,536.74/oz
ع.د5,960,962
$4,550.80/oz
ع.د5,940,266
$4,535.00/oz
ع.د5,957,753
$4,548.35/oz
ع.د5,931,071
$4,527.98/oz
ع.د5,769,164
$4,404.38/oz
ع.د5,728,840
$4,373.59/oz
How Iraq gold prices are calculated on this page
Source. The international XAU/USD spot price comes from gold-api.com's historical archive (London PM-fix benchmark). The IQD/USD exchange rate comes from exchangerate-api.com's 2025 year-end snapshot.
Conversion. Every IQD figure on this page is computed as XAU/USD price × IQD/USD rate. We use the year-end exchange rate consistently across all December 2025 prices on this page.
Per-unit math. Per-gram = per-ounce ÷ 31.1035. Per-tola = per-gram × 11.664. Per-10g = per-gram × 10. Per-kilo = per-gram × 1000. Karat values multiply per-gram by the purity ratio (24K = 0.999, 22K = 0.916, 21K = 0.875, 18K = 0.750, 14K = 0.585, 10K = 0.417).
What this page does NOT include. Local sales tax / VAT, customs duty on imports, dealer making charges, jewellery design premiums, or coin numismatic premiums. To go from this pure-metal value to a final retail rate in Iraq, add the country-specific levies described in the “Iraqgold market” section above.
FAQ — Iraq gold price in December 2025
What was the gold price in Iraq in December 2025?
In December 2025, gold in Iraq opened at ع.د5,586,208/oz and closed at ع.د5,728,840/oz — a move of +2.55% on the month. Per tola: ≈ع.د2,148,349; per gram: ≈ع.د184,186; per 10g: ≈ع.د1,841,863.
What was the 24K gold rate per tola in Iraq in December 2025?
The 24K gold rate per tola in Iraq at the December 2025 close was approximately ع.د2,148,349, derived from international XAU/USD spot of $4,373.59/oz times the 2025-end IQD/USD exchange rate of 1,309.8712. This is pure metal value; final retail rates include local taxes and dealer making charges.
What was the 21K gold rate per mesghal in Iraq in December 2025?
Iraq's most-quoted retail standard is 21K per mesghal. At the December 2025 close, that worked out to approximately ع.د161,163 (21K pure-metal value). Add local taxes and making charges for the final retail rate.
How was the local currency price calculated?
IQD prices on this page are computed from the verified international XAU/USD spot price for December 2025 (sourced from gold-api.com), multiplied by the 2025-end IQD/USD exchange rate from exchangerate-api.com. We use year-end rates as a single reference point for the entire month — for most stable currencies the within-year FX drift is small, but during currency crises (PKR 2022–23, TRY 2022, ARS 2024 etc.) the actual mid-month rate may differ.
Why does the retail price in shops differ from this number?
The ع.د figures here represent the international gold spot price converted to IQD at the 2025-end exchange rate. Iraq's retail jewellers add (1) import duties and sales tax (varies by SKU and karat), (2) dealer making charges (typically 3–12% of metal value), and (3) a small premium for purity certification on bars. Always verify the exact day's retail rate with a reputable local dealer before transacting.
Want today's rate in Iraq? See live gold prices in Iraq with minute-by-minute updates and per-karat breakdowns.
Different month or year? Use the prev / next buttons above, or jump to the full 2025 archive or the USD-only December 2025 page with the country-by-country list at the bottom.
Other markets? Compare December 2025 prices across other major gold-trading countries: Saudi Arabia, Iran, Kuwait, Jordan, Turkey.
Disclaimer: Historical gold prices on this page reflect the international XAU/USD spot price for the requested period, converted to IQD at the 2025-end exchange rate. They are intended for informational and educational use only and do not constitute investment advice or a price quote for buying or selling physical gold today. Always verify current local rates with a reputable bullion dealer in Iraq before transacting.